SMCIX vs. ^GSPC
Compare and contrast key facts about Shelton Capital Management S&P Smallcap Index Fund (SMCIX) and S&P 500 (^GSPC).
SMCIX is managed by Blackrock. It was launched on Oct 2, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMCIX or ^GSPC.
Correlation
The correlation between SMCIX and ^GSPC is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SMCIX vs. ^GSPC - Performance Comparison
Key characteristics
SMCIX:
-0.03
^GSPC:
1.62
SMCIX:
0.10
^GSPC:
2.20
SMCIX:
1.01
^GSPC:
1.30
SMCIX:
-0.02
^GSPC:
2.46
SMCIX:
-0.08
^GSPC:
10.01
SMCIX:
7.22%
^GSPC:
2.08%
SMCIX:
20.53%
^GSPC:
12.88%
SMCIX:
-68.45%
^GSPC:
-56.78%
SMCIX:
-26.10%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, SMCIX achieves a -2.02% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, SMCIX has underperformed ^GSPC with an annualized return of 1.62%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
SMCIX
-2.02%
-5.03%
-9.93%
-0.65%
1.09%
1.62%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
SMCIX vs. ^GSPC — Risk-Adjusted Performance Rank
SMCIX
^GSPC
SMCIX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Shelton Capital Management S&P Smallcap Index Fund (SMCIX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
SMCIX vs. ^GSPC - Drawdown Comparison
The maximum SMCIX drawdown since its inception was -68.45%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for SMCIX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
SMCIX vs. ^GSPC - Volatility Comparison
Shelton Capital Management S&P Smallcap Index Fund (SMCIX) has a higher volatility of 4.56% compared to S&P 500 (^GSPC) at 3.43%. This indicates that SMCIX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.